THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC.
Plan Contact
- Address: 5921 COURT STREET ROAD,SYRACUSE,NY
- Contact person: LISA BENNETT
- Phone: (315) 463-5241
Plan General Information
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. is $25,790,291.00.This plan was established in 1967.
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. is 389
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. Average Participant Retirement Account Value
In 2023, the average participant retirement account value for THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. is $66,298.00
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. is $3,972.00.
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. is approximately $632.00
Investing in this additonal $632.00 for 20 years would give you extra $40,460.00, assuming a 10% annual return.
Investing in this additonal $632.00 for 20 years would give you extra $40,460.00, assuming a 10% annual return.
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. Total Employer Contribution and Match Rate
In 2023, THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. allocates $245,926.00 to match its employees' contributions, providing an employer match rate of 17.13% of their contributions
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. is 15.79%.
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. is 18.08%. This measures the effectiveness of the plan participants' investments in the year.
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. Expense Ratio
In 2023, the investment and administrative expense ratio of THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. is 0.33%.
Enrollment Features
THE EMPLOYEES' PROFIT SHARING & RETIREMENT PLAN OF HAUN WELDING SUPPLY, INC. has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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